Alta Equipment Group Inc. Class A Common Stock (ALTG)

FairStock Score: 21/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for durable businesses that earn consistent returns and trade at a sensible price. Alta is an equipment dealer that sells, rents, and services material handling and construction equipment. It has scale—fiscal 2025 revenue was $1.8B—but the quality is not there. In fiscal 2023, filed results showed net income of $8.9M and diluted EPS of $0.18. By fiscal 2024, it had swung to a net loss of $62.1M and diluted EPS of -$1.96, and fiscal 2025 worsened to a net loss of $80.3M and diluted EPS of -$2.55. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $475.5M with a net loss of $7.5M and diluted EPS of -$0.25; that was better than the $19.5M loss in fiscal Q1 2026, but still a loss. The balance sheet and returns concern me. FairStock calculates a negative P/E of -2.56 at the 2026-10-13 close, ROE of -2085.71%, ROCE of 0.74%, and an Altman Z-score of 0.39. That Z-score signals high financial distress, and a Piotroski F-score of 5/9 is only middling. The bright spot is trailing free cash flow of $24.1M and an 11.2% FCF yield, which is attractive on a $214.6M market cap. But negative net income and an EV/EBITDA of 9.22 mean the equity is not obviously cheap if earnings stay weak. FairStock calls this a TURNAROUND because of a loss in the latest year after earlier profits. Dealer networks and parts/service can provide some recurring support, but I see no wide moat. At $6.57, I would need evidence of sustainable positive earnings and a sturdier balance sheet before treating this as a bargain.

In plain English: Alta Equipment Group sells, rents, and services heavy machinery such as lift trucks and construction equipment in the U.S. and Canada. The business has been losing money recently, and its financial health looks weak even though it does produce some cash. At $6.57, the stock does not look like a clear bargain against those losses and risks.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer